Where can an investor turn for some simple clarity in this confusing market. How about strategic investor Dennis Gartman, author of The Gartman Letter.

“Volatility is unlike anything we’ve ever seen,” says Gartman on Fast Money. “The past few weeks have been a scary period and I’ve gotten smaller in my trading.”

But to get back to question at the top of the page, Gartman suggests the bottom might well hold. “On Thursday for the first time we saw big investors buying commercial paper. The Libor spreads started to contract.”

And that’s a good thing. “My propensity after Thursday is to start increasing the size of my positions.”

Here’s how Gartman is trading.

“I ownbanks and I’m short the stock market. I’m probably going to buy more banks as well as the nat gas trusts.”

”Also, I own Cleveland Cliffs because I expect to see more infrastructure plays and I own the exchanges. I think CME and ICE will be winners because they can make everything transparent. And I think you want to own Apple .

You can find our interview with Dennis Gartman at the end of the Word on the Street segment.

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